Ankul Sethi v. State of U.P. Thru. Addl. Chief Secy. Home Lko. and 7 Others
Case brief
What is this about?
SARFAESI Act 2002 Section 14 execution delay; auction purchaser possession not handed over; sale certificate 15.02.2023; Punjab National Bank respondent No.5; Additional District Magistrate Administration Lucknow Case No.6043 of 2022; order dated 29.08.2023; no stay in any court; DRT Securitization Application dismissed; appeal pending before DRAT without stay; direction to execute Section 14 order and deliver possession within three weeks; impleadment application allowed, respondent Nos. 9 and 10 added; writ petition disposed of; Allahabad High Court Lucknow Bench; WRIT - C No. 7664 of 2024; Shekhar B. Saraf and Manjive Shukla JJ.
What did the court decide?
Writ petition disposed of with directions: respondent No.4 to immediately execute the Section 14 order and hand over possession of the property to the Bank (Punjab National Bank, respondent No.5), which in turn to immediately hand over possession to the auction purchaser-petitioner; entire process to be completed within three weeks. Impleadment application (I.A. No.2 of 2024) allowed, adding the applicants as respondent Nos. 9 and 10.